Peru, NY Economy


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Peru, NY is a small town in the Essex County region of New York. It is home to a variety of local businesses such as Lake Placid Pharmacy, Rivermede Farm and The Pantry Cafe. This small town provides a peaceful atmosphere and affordable living costs. Rent for a two bedroom apartment in Peru, NY is around $910 per month compared to the national average of $1,430. Additionally, groceries also have an index of 105 versus the US at 100—making it even more affordable for residents. With its close knit community and pocket friendly lifestyle Peru, NY attracts many newcomers looking for a place to call home.

Peru has an unemployment rate of 6.2%. The US average is 6.0%.

Peru has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.

Tax Rates for Peru
- The Sales Tax Rate for Peru is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Peru is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Peru
- The average income of a Peru resident is $39,302 a year. The US average is $37,638 a year.
- The Median household income of a Peru resident is $81,017 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPeru, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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